Leon Lee
What is current CoC for STRs with and without 7% interest loan
Hi, Fellow BPersI recently read "Long-Term Wealth" by Avery, which mentioned a 25% Cash on Cash (CoC) return, and it seemed extremely optimistic compared to current standards. I'm curious about the CoC returns you're ...
Andrey Zohrabyan
Advice for starting off at a young age
Hi everyone,I am an 18-year-old real estate addict and I am writing this forum to ask for some advice from my experienced friends here on Bigger Pockets. So basically I want to start investing as soon as possible and ...
Benjamin Barredo
Why are people such flakes? Why use a mentor?
okay, I've been positive Pete for weeks upon weeks, I'm a US Marine and aggression comes natural do this was coming eventually (hope you don't mind but we all need to vent sometimes).Why in the Hell are people so unr...
Jay Hinrichs
And you say you want to be a developer check this out.
As quoted in the Napa Valley Register."As Napa city officials near a possible decision in the two-decade tug of war over 51 homes planned near Old Sonoma Road and Casswall Street, a developer on Tuesday again tried to...
Susanne McCallack
What are benefits of NOT contacting the agency?
If I may ask: What are the benefits of NOT getting in touch with the agency for buyer of real estate, either house or apartment, and what are benefits for seller (current owner) who wants to sell his or her property? ...
Yenisel Avila
Driving for dollars
Hey guys and gals!I’m driving for $$ now using the Deal Machine app and there is a property that the app states has an absentee owner, but I spoke with the woman who is currently renting at this property and she said ...
Kirk B
The 50% rule is wrong!
Or is it just incomplete?
House 1:
Units: 2
Gross Rents: $1,000
...
Mustafa Shaikh
RAD Diversified Review — It Wasn't Pretty
I read about RAD through BP and I wanted to leave my review of them for other to be better informed before investing with them. Their salesman (Gregg Poirier) was very easy to get in contact when I was considering inv...
Stephanie Grady
Struggling to rent first SFH
Hello BP peeps!My husband and I closed on our first SFH in a B+ neighborhood at the end of June. After a couple of weekends of hard work to get it where we wanted, we listed the property on Zillow, Trulia, Hotpads, C...
Bryan Hancock
Designing Around Restrictive Covenant Risk When Purchasing Land
We have a purchase contract for a lot in Austin that we're planning to build a duplex on. We recently received a title commitment and Schedule B shows an exception for some restrictive covenants from 1948. These wer...